The Securities and Exchange Commission (SEC) on Tuesday announced plans to nearly double the number of employees assigned to its Cyber Unit, which has had its name changed to emphasize the agency’s pursuit of crypto asset-related investigations.
The newly renamed Crypto Assets and Cyber Unit, part of the Division of Enforcement, will grow to 50 dedicated positions, the agency stated in a press release. Among incoming recruits will be new supervisors, investigative staff attorneys, trial counsels, and fraud analysts in the agency’s headquarters in Washington, D.C., as well as several regional offices.
